Alphabet annual free cash flow
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2025
Alphabet Free Cash Flow (FCF) History (GOOGL)
Alphabet reported $73.27B in free cash flow for fiscal 2025, an increase of 0.69% from the previous fiscal year, with a free cash flow margin of 18.19%.
View full Alphabet company overviewAlphabet free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $73.27B | $502.0M | +0.69% | +18.19% |
| 2024 | 2024-12-31 | $72.76B | $3.27B | +4.70% | +20.79% |
| 2023 | 2023-12-31 | $69.50B | $9.48B | +15.81% | +22.61% |
| 2022 | 2022-12-31 | $60.01B | −$7.00B | −10.45% | +21.22% |
| 2021 | 2021-12-31 | $67.01B | $24.17B | +56.41% | +26.01% |
| 2020 | 2020-12-31 | $42.84B | $11.87B | +38.33% | +23.47% |
| 2019 | 2019-12-31 | $30.97B | $8.14B | +35.65% | +19.14% |
| 2018 | 2018-12-31 | $22.83B | −$1.07B | −4.50% | +16.69% |
| 2017 | 2017-12-31 | $23.91B | −$1.92B | −7.42% | +21.57% |
| 2016 | 2016-12-31 | $25.82B | $9.20B | +55.36% | +28.61% |
| 2015 | 2015-12-31 | $16.62B | $4.61B | +38.40% | +22.17% |
| 2014 | 2014-12-31 | $12.01B | $709.0M | +6.27% | +18.20% |
| 2013 | 2013-12-31 | $11.30B | — | — | +20.36% |
Alphabet quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$5.86B | −$11.16B | — | −4.89% |
| Q1 2026 | 2026-03-31 | $10.12B | −$8.84B | −46.63% | +9.21% |
| Q4 2025 | 2025-12-31 | $24.55B | −$286.0M | −1.15% | +21.57% |
| Q3 2025 | 2025-09-30 | $24.46B | $6.82B | +38.69% | +23.90% |
| Q2 2025 | 2025-06-30 | $5.30B | −$8.15B | −60.60% | +5.50% |
| Q1 2025 | 2025-03-31 | $18.95B | $2.12B | +12.57% | +21.00% |
| Q4 2024 | 2024-12-31 | $24.84B | $16.94B | +214.55% | +25.75% |
| Q3 2024 | 2024-09-30 | $17.64B | −$4.96B | −21.96% | +19.98% |
| Q2 2024 | 2024-06-30 | $13.45B | −$8.32B | −38.22% | +15.88% |
| Q1 2024 | 2024-03-31 | $16.84B | −$384.0M | −2.23% | +20.90% |
| Q4 2023 | 2023-12-31 | $7.90B | −$8.12B | −50.71% | +9.15% |
| Q3 2023 | 2023-09-30 | $22.60B | $6.52B | +40.58% | +29.47% |
| Q2 2023 | 2023-06-30 | $21.78B | $9.18B | +72.92% | +29.19% |
| Q1 2023 | 2023-03-31 | $17.22B | $1.90B | +12.40% | +24.68% |
| Q4 2022 | 2022-12-31 | $16.02B | −$2.53B | −13.65% | +21.06% |
| Q3 2022 | 2022-09-30 | $16.08B | −$2.64B | −14.12% | +23.27% |
| Q2 2022 | 2022-06-30 | $12.59B | −$3.80B | −23.18% | +18.07% |
| Q1 2022 | 2022-03-31 | $15.32B | $1.97B | +14.78% | +22.53% |
| Q4 2021 | 2021-12-31 | $18.55B | $1.35B | +7.87% | +24.63% |
| Q3 2021 | 2021-09-30 | $18.72B | $7.12B | +61.42% | +28.75% |
| Q2 2021 | 2021-06-30 | $16.39B | $7.79B | +90.58% | +26.49% |
| Q1 2021 | 2021-03-31 | $13.35B | $7.90B | +145.08% | +24.13% |
| Q4 2020 | 2020-12-31 | $17.20B | $8.82B | +105.35% | +30.23% |
| Q3 2020 | 2020-09-30 | $11.60B | $2.86B | +32.78% | +25.12% |
| Q2 2020 | 2020-06-30 | $8.60B | $2.10B | +32.32% | +22.46% |
| Q1 2020 | 2020-03-31 | $5.45B | −$1.92B | −26.03% | +13.23% |
| Q4 2019 | 2019-12-31 | $8.38B | $2.47B | +41.80% | +18.18% |
| Q3 2019 | 2019-09-30 | $8.73B | $806.0M | +10.17% | +21.57% |
| Q2 2019 | 2019-06-30 | $6.50B | $1.85B | +39.66% | +16.69% |
| Q1 2019 | 2019-03-31 | $7.36B | $3.02B | +69.51% | +20.26% |
| Q4 2018 | 2018-12-31 | $5.91B | −$55.0M | −0.92% | +15.04% |
| Q3 2018 | 2018-09-30 | $7.93B | $1.59B | +25.17% | +23.50% |
| Q2 2018 | 2018-06-30 | $4.66B | $83.0M | +1.82% | +14.25% |
| Q1 2018 | 2018-03-31 | $4.34B | −$2.70B | −38.31% | +13.94% |
| Q4 2017 | 2017-12-31 | $5.96B | −$374.0M | −5.90% | +18.44% |
| Q3 2017 | 2017-09-30 | $6.33B | −$957.0M | −13.13% | +22.81% |
| Q2 2017 | 2017-06-30 | $4.57B | −$2.41B | −34.54% | +17.58% |
| Q1 2017 | 2017-03-31 | $7.04B | $1.83B | +35.02% | +28.44% |
| Q4 2016 | 2016-12-31 | $6.33B | $1.85B | +41.28% | +24.31% |
| Q3 2016 | 2016-09-30 | $7.29B | $3.53B | +93.81% | +32.48% |
| Q2 2016 | 2016-06-30 | $6.98B | $2.40B | +52.46% | +32.48% |
| Q1 2016 | 2016-03-31 | $5.21B | $1.42B | +37.39% | +25.74% |
| Q4 2015 | 2015-12-31 | $4.48B | — | — | +21.02% |
| Q3 2015 | 2015-09-30 | $3.76B | — | — | +20.14% |
| Q2 2015 | 2015-06-30 | $4.58B | — | — | +25.84% |
| Q1 2015 | 2015-03-31 | $3.79B | — | — | +21.99% |
Alphabet free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $42.84B to $73.27B, a compound annual growth rate of 11.33%. Alphabet's latest reported quarter, Q2 2026, generated −$5.86B in free cash flow, a decrease of $11.16B year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Alphabet filings at SEC.gov ↗